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Mar 12, 2025

Danny Ryan declines Ethereum Foundation leadership and co-founds Etherealize

After the Ethereum community rallied behind Danny Ryan in an on-chain vote representing over $159 million in ETH, Ryan and the Ethereum Foundation mutually parted ways in January 2025 without a leadership arrangement. Rather than returning to the organization he helped build for seven years, including leading The Merge, Ryan co-founded Etherealize in March 2025 alongside former Citadel executive Vivek Raman, focusing on bringing Ethereum to Wall Street.

Mar 12, 2025·2 sources
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Top claims

  • ▪Danny Ryan announced the release of the eth2 v1.0.0 specifications in November 2020
  • ▪Danny Ryan cited personal health and the need for a break after years of intense work as reasons for his September 2024 departure from the Ethereum Foundation
  • ▪An on-chain vote representing over $159 million in ETH supported Danny Ryan's potential leadership of the Ethereum Foundation

Topics

Ethereum FoundationEthereum governanceEthereum Foundation in transition (2026)Institutional crypto adoptionEthereum multi-node futureEthereum

Related entities

ETHEthereum